Horizon Family Wealth Inc. reduced its position in SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM – Free Report) by 41.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,451 shares of the company’s stock after selling 31,752 shares during the quarter. SPDR Nuveen ICE Short Term Municipal Bond ETF accounts for about 1.3% of Horizon Family Wealth Inc.’s holdings, making the stock its 18th largest holding. Horizon Family Wealth Inc. owned approximately 0.06% of SPDR Nuveen ICE Short Term Municipal Bond ETF worth $2,174,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of SHM. Cetera Investment Advisers lifted its position in SPDR Nuveen ICE Short Term Municipal Bond ETF by 1.1% in the 2nd quarter. Cetera Investment Advisers now owns 254,187 shares of the company’s stock worth $12,158,000 after buying an additional 2,860 shares during the last quarter. Creative Planning raised its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 11.2% during the second quarter. Creative Planning now owns 23,491 shares of the company’s stock worth $1,124,000 after acquiring an additional 2,366 shares in the last quarter. Omega Financial Group LLC lifted its holdings in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 5.9% in the 2nd quarter. Omega Financial Group LLC now owns 20,307 shares of the company’s stock worth $971,000 after acquiring an additional 1,123 shares during the last quarter. Bailard Inc. bought a new stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF in the 2nd quarter worth approximately $259,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 0.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,628,603 shares of the company’s stock valued at $77,896,000 after purchasing an additional 8,521 shares in the last quarter. 99.65% of the stock is currently owned by institutional investors.
SPDR Nuveen ICE Short Term Municipal Bond ETF Stock Down 0.1%
SHM stock opened at $47.93 on Friday. The firm’s fifty day moving average is $48.14 and its 200 day moving average is $47.91. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52 week low of $46.56 and a 52 week high of $48.51.
About SPDR Nuveen ICE Short Term Municipal Bond ETF
SPDR Nuveen Barclays Short Term Municipal Bond ETF (the Fund), formerly SPDR Nuveen Barclays Capital Short Term Municipal Bond ETF, correspond generally to the price and yield performance of the Barclays Capital Managed Money Municipal Short Term Index (the Index). The Fund uses a passive management strategy designed to track the Index.
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